Student Loans Essay
have assumed new importance and relevant today because the stakes are particularly high as college tuition costs are rising and students are taking on more debt, and in turn more risk. Background and Overview Education loans are long-term funds that provide students and parents with the resources they need to pay for educational expenses. When people accept student loans, they are legally obligated to repay them according to the terms of the promissory note.2 Optimal loan arrangements for students and their parents are provided by Federal Direct Loans which are available irrespective of the amount of family income that is involved; but loans with… Continue Reading...